In recent years, the number of NDIS participants opting for plan management services has increased from 47% to 59%. This surge reflects the growing recognition of the importance of having an NDIS plan manager.
Having a plan manager simplifies financial management for NDIS participants providing them with more time to focus on improving their lives. Payments of NDIS participants with plan managers have also experienced a significant boost, rising from 37% to an impressive 51% in the past two years.
This blog will discuss NDIS plan management, its benefits, and how to find the best provider for your needs.
What is NDIS Plan Management?
NDIS Plan Management is a service that assists participants in effectively managing their National Disability Insurance Scheme (NDIS) funding. With plan management, you can control your finances more while minimising administrative burdens.
Benefits of Getting an NDIS Plan Management Service
NDIS fund allows participants to access healthcare services, wellness programmes and even secure better housing to suit their needs. Managing your fund effectively is of utmost importance. The good news is that you can hire a specialised service to support your plan management needs. Here’s how NDIS plan management services can assist you:
Financial Control: Participants can choose the services and providers that align with their goals and aspirations, allowing them to shape their NDIS journey according to their unique needs.
Administrative Assistance: A plan management service handles administrative tasks, including invoice processing, payments, and record-keeping.
Expanded Service Choices: The participant can gain access to a wider range of service providers, enabling them to find the right support for their specific requirements and preferences.
Transparent Financial Management: Real-time tracking and budgeting of funds provide a clear overview of your spending and available balances, empowering participants to make informed decisions about their support options.
How to Find the Best NDIS Plan Management Provider
Once you understand the benefits of plan management services, you may want to find a reliable NDIS plan management provider to cater to your needs. Here are some essential factors to look for in a plan manager:
Expertise and Experience
Look for a plan management provider with a proven track record and a deep understanding of the NDIS. They should have experience managing participant budgets and know the various funding categories and rules.
Seek a provider that offers personalised support and treats you as an individual rather than just another client. A dedicated plan manager who takes the time to understand your goals and preferences will be better equipped to support you on your NDIS journey.
Communication and Progress Updates
Regular progress updates are crucial to staying informed about your funding and ensuring you’re on track to achieve your goals. Look for a plan manager who provides clear and timely communication, keeping you in the loop about your finances and any relevant changes.
Helping You Maximise Your NDIS Plan
NDIS plan management offers numerous benefits, empowering participants to have more control over their funding while reducing administrative burdens. By selecting a reputable and experienced plan management provider, you can access a range of advantages, including financial control, administrative assistance, expanded service choices, and transparent financial management.
At Lifebox Digital, we are committed to supporting NDIS participants on their journey to independence and fulfilment. Our secure online portal ensures safe access to your finances with real-time tracking and budgeting features that allow you to stay on top of your funds. We strive to provide a seamless and empowering plan management experience through personalised support.
Contact us today, and let us help you make the most of your NDIS funding.